AFGIS -Computer Mortgage APPLICA TION To suit your Suggestions

Mortgage is not admissible to have AFGIS Norcross payday loans -Desktop computer Loan APPLICA TION For the Information (a) Payment of loan availed for personal Computer system bought prior to

1 step one. (b) Re-functioning people. (c) Purchase of second-hand Pc. (d) When Computer get better try a great out-of Govt. (e) Airmen with below a couple of years regarding service and you can officers whoever percentage is not verified (six months). (f) NCs(E) who’ve less than ten yrs. out of services otherwise with other AFGIS mortgage. (g) Non-member of Latest Program from AFGIS. (h) Airmen that have lower than five years solution & have already availed any kind of loan off AFGIS. dos. Enhancement away from present loan for sale out-of Personal computer is also admissible immediately following. Second loan is actually admissible just after cleaning very first mortgage. step 3. Presently attention recharged pa with the month-to-month sleeping base that’s drifting rate. Paying capacity could well be write-offs towards every membership throughout the pay and allowances of your user for instance the EMI toward financing sanctioned is not in order to meet or exceed 80% of your own emoluments. cuatro. Just like the mortgage was sanctioned zero changes in r/o title, amount of mortgage, Financial info otherwise level of instalments might possibly be entertained 5. Complete reimburse can be made before 20th from 1 month for the main harmony rounded out over second rupee. six. Dollars receipt about Providers/Corporation exhibiting the make, design and you may statement zero of Pc etc, granted on the term off Applicant is to be submitted to AFGIS by borrower with in 30 days about go out out-of issue of cheque properly attested. eight. A part which orders a pc regarding loan away from AFGIS isn’t allowed to sell it in advance of liquidating the borrowed funds. 8. Admission of any of one’s prescribed fine print usually render the fresh debtor accountable for refund away from a good mortgage having interest in that lumpsum 9. Cheque to your amount borrowed made in rather have of the individual and you will be despatched to your Applicant’s equipment address only. 10. Professionals having 2 or more punishment entries (Red/ Black) of course, if eight many years have not lapsed away from last entryway, are not qualified to receive loan in the Neighborhood. This will not tend to be records obtain during abinitio education. eleven. Control fee Rs.200/- (non refundable) would be subtracted throughout the sactioned loan amount. 12. EMI because of IRLA of the individual will start away from spend off the following month where cheque is actually issued alongwith fractional appeal regarding time away from dilemma of cheque to end of the few days. 13. Mortgage request according of them that availed Last detachment is believed for the quality while the matter tend to properly get limited.

Volunteer partial / lumpsum reimburse off mortgage the at a time is permissible although not more often than once

step three Guidelines To possess Answering step one. The application form is to be filled inside the solitary content shortly after making sure qualifications from loan as per rule. dos. Cross out words which aren’t relevant. Zero column is to be leftover blank. Incomplete application could be denied for the toto. step three. The application is needed to end up being countersigned by the AOC/Stn Cdr. In respect out-of Manager/airmen printed in order to Air Head office, the program is required to be countersigned from the its particular Prominent Manager. cuatro. No layer off application is usually to be detached. 5. Agreement setting connected to the program may also be filled inside the all value and you may finalized of the applicant at the end off the page duly seen from the a couple people. six. Big date and you may count isn’t getting written in Agreement means and you may Contingent Costs. (Based on Paying strength, the amount acknowledged could be filled by AFGIS). 7. (a) Most recent shell out slip in””0riginal (F-1517 having Administrator / F-1523 for Airmen) will be attached alongwith the program. (b) Proforma Invoice (Showing the cost of desktop computer is additionally is affixed.) 8. Applicant is to clearly county on the contingent expenses, the A great/c No, name & department of your own financial, the brand new cheque is going to be provided. nine. Application should be forwarded to AFGIS significantly less than a covering letter out-of the newest applicant’s equipment. 10. Mean the latest address to which the newest cheque will be delivered because of the post demonstrably from the software. EMI Chart To possess Computer system Get better – 09% Toward Month-to-month Cutting Balance Months